News Chloe Bailey hit with copyright infringement suit over ‘Trouble In Paradise’ tracks Singer, songwriter and producer 4Rest is seeking punitive damages of $5 million per track for three tracks on Chloe's second album
News Zync Music, Round Hill ‘amicably’ resolve breach-of-contract lawsuit “The claims and allegations made in the complaint against Round Hill and its personnel were the result of a misunderstanding and are therefore withdrawn"
News HYBE revenue soared to an all time high of $1.65bn in 2024, but operating profit dropped 37.5% YoY The company has announced plans to roll out a new group through its Latin America division
News SoundExchange surpasses $12bn in distributions to artists and rightsholders to date The PRO said its total distributions for 2024 amounted to $1.05 billion, up 4.9% year on year
News Damon Albarn, Kate Bush among 1,000+ artists to release silent album protesting UK’s AI copyright plans Track list spells out “The British government must not legalize music theft to benefit AI companies.”
News $1bn-valued Create Music Group acquires catalog from Pack Records as companies form new JV CMG and Pack's existing partnership is being expanded to include recorded music and publishing
Analysis News From Ole Obermann leaving TikTok to Daniel Ek’s $666m… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News Live Nation saw 151m fans attend its events in 2024, as revenue rose 3% to $23bn The live events and ticketing company is stepping up rollout of its own operated venues this year
News Germany’s recorded music business generated $2.58bn in 2024, up 7.8% YoY Streaming alone saw growth of 12.6% YoY and accounted for 78.1% of music revenue
News NetEase Cloud Music reports 23.1% jump in music revenue for 2024 as profits soar The company says it plans to focus more on premium subscription offerings in the coming year
News K-pop business could ‘collapse’ if NewJeans controversy sets a precedent, industry groups in South Korea warn The music industry groups are urging the government to implement regulations against poaching of artists who are under exclusive contracts
News Celine Hollenbeck and Jenna Akemi Kon, named partners at entertainment law firm Carroll, Guido, Groffman, Cohen, Bar & Karalian The law firm has represented artists in numerous high-profile rights acquisitions in recent years
News TuneCore launches new ‘Advanced Trends and Analytics’ dashboard for for self-releasing artists The new dashboard features cross-platform performance tracking and real-time engagement metrics, among other functions
News Court orders identity of 100 alleged music pirates to be revealed in record companies’ lawsuit against Altice USA The RIAA has been dragged into a lawsuit pitting dozens of music companies against a major US internet provider
News Reservoir acquires UK dance/electronic label New State – including recorded music catalog of 13,000+ tracks Newly-signed New State artists, along with some legacy names, will benefit from marketing and promotion by Reservoir-owned Chrysalis Records